Polly Pocket may one day be your digital assistant.
Mattel shares rose 1.8% to $19.59 Thursday morning in New York. The stock is up 10% this year.
OpenAI held meetings in Los Angeles with Hollywood studios, media executives and talent agencies last year to form partnerships in the entertainment industry and encourage filmmakers to integrate its new AI video generator into their work. In the meetings, led by Lightcap, The company demonstrated the capabilities of Sora, a service that at the time generated realistic-looking videos up to about a minute in length based on text prompts from users. OpenAI has not struck any deals with movie studios yet because it still has to establish a “level of trust” with Hollywood, Lightcap said in May at a Wall Street Journal conference in New York.
